Corona, CA Cost Of Living
Cost Of Living In Corona, CA Summary
Cost of living in Corona research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Corona is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Corona is 150, with 100 being the average.
The cost of living index in Corona is 1.5x higher than the national average.
Corona ranks as the #318 cheapest in California out of 634.
Corona ranks as the #5,692 cheapest out of 6,489 in the US.
The median home value in Corona is $756,841.
The median income in Corona is $106,438.
Table Of Contents
Corona's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Corona, CA?
According to the most recent data on the cost of living, Corona has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.
Compared to California, Corona has a cost of living index that's 1.1x higher than California's index of 141.
The standard of living in Corona ranks as #318 most affordable out of the 634 places we measured in California. By definition, that implies Corona ranks as the #316 most expensive place in the Golden State.
For more reading on life in Corona, check out:
In California
In America
Corona Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Corona. Here is how it fairs on each of the criteria:
The Services index in Corona is 114.
The Groceries index in Corona is 114.
The Health index in Corona is 98.
The Housing index in Corona is 242.
The Transportation index in Corona is 125.
The Utilities index in Corona is 96.
| Living Expense | Corona | California | National Average | |
|---|---|---|---|---|
| Overall | 150 | 141 | 100 | |
| Services | 114 | 110 | 100 | |
| Groceries | 114 | 112 | 100 | |
| Health | 98 | 110 | 100 | |
| Housing | 242 | 195 | 100 | |
| Transportation | 125 | 125 | 100 | |
| Utilities | 96 | 128 | 100 | |
Corona, CA Housing Cost Breakdown
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Corona is $756,841.
The Median Rent in Corona is $2,136.
The Median Income in Corona is $106,438.
The Home Value To Income in Corona is 7.1x.
The Rent To Monthly Income in Corona is 0.24x.
| Statistic | Corona | California | United States |
|---|---|---|---|
| Median Home Value | $756,841 | $763,287 | $303,400 |
| Median Rent | $2,136 | $1,956 | $1,348 |
| Median Income | $106,438 | $96,334 | $78,538 |
| Home Value To Income | 7.1x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Corona, CA Costs By Category
Detailed Corona Services Costs Vs. California
| Item | Corona | California |
|---|---|---|
| Shampoo | $1.34 | $1.28 |
| Movie | $11.04 | $12.13 |
| Bowling | $21.11 | $18 |
| Haircut | $27.27 | $24.26 |
| Beauty Salon | $41.78 | $45.56 |
Detailed Corona Groceries Costs Vs. California
| Item | Corona | California |
|---|---|---|
| Ground Beef | $5.89 | $5.84 |
| Fried Chicken | $3.49 | $1.57 |
| Milk | $4.92 | $4.67 |
| Potatoes | $4.92 | $4.93 |
| Pizza | $15.31 | $12.09 |
| Beer | $10.26 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
Detailed Corona Health Costs Vs. California
| Item | Corona | California |
|---|---|---|
| Optometrist | $112.92 | $125.68 |
| Doctor | $95.5 | $135.78 |
| Dentist | $117.28 | $113.29 |
Detailed Corona Transportation Costs Vs. California
| Item | Corona | California |
|---|---|---|
| Gasoline | $4.75 | $3.46 |
| Tire Balancing | $61.38 | $59.92 |
Detailed Corona Utilities Costs Vs. California
| Item | Corona | California |
|---|---|---|
| All Electricity | $378.97 | $193.99 |
| Phone | $180.31 | $192.25 |
Corona SnackAbility
/10
Cost Of Living In Cities Around Corona
The cost of living varies in the cities and towns around Corona. Here's a quick look at the cost of living in the most populous nearby places:
Riverside, CA has a cost of living index of 137, 0.9x Corona.
Irvine, CA has a cost of living index of 198, 1.3x Corona.
Orange, CA has a cost of living index of 170, 1.1x Corona.
| City | Population | Cost Of Living | Vs. Corona |
|---|---|---|---|
| Riverside, CA | 316,241 | 137 | 0.9x |
| Irvine, CA | 308,160 | 198 | 1.3x |
| Orange, CA | 138,723 | 170 | 1.1x |
| Mission Viejo, CA | 92,415 | 184 | 1.2x |
| Chino, CA | 91,775 | 147 | 1.0x |
| Lake Forest, CA | 85,846 | 175 | 1.2x |
| Chino Hills, CA | 78,024 | 172 | 1.1x |
| Eastvale, CA | 70,179 | 168 | 1.1x |
| Yorba Linda, CA | 67,407 | 200 | 1.3x |
| Diamond Bar, CA | 53,750 | 174 | 1.2x |
